Bursa Malaysia (KLSE) Daily Info Edge Zone
FBM KLCI Is Forming A Bullish Triangle Pattern
Durian Edge
Publish date: Mon, 30 May 2011, 01:23 PM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
FBM KLCI Is Forming A Bullish Triangle pattern so I think 2H2011 will be good for share market. However for short term, FBM KLCI may likely to move sideways untill all the bad news from West to clear.
Beside that, general election also may happen in 2H2011 so sure the share will be needed to flow out the money to target group. This also a bullish sign.
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